Purpose The present paper aims to draw an attention towards the inclusion of forecast related costs. Its main purpose … production or procurement plan is generated in many of the industrial or business situations. In the context of supply chain/production/inventory … in an inclusion of forecast related costs.  …

. We also find that costs are super-sticky as they increase even when revenues decrease. Municipals in New Zealand are …. Forecast cost behaviour is found to be statistically indistinguishable from actual behaviour. In our tests, we control for … asymmetric relation between costs and revenues is incorporated into managerial forecasts suggests that cost stickiness is …

incorporated into forecasts. We document an asymmetric association between actual costs and revenues. Furthermore, costs are super …-sticky as they increase even when revenues decrease. Cost stickiness remains after controlling for cost structure. Forecast cost … it to a municipal setting and showing the asymmetric relation between costs and revenues is incorporated in managerial …